In the fast-paced world of crypto, where meme tokens can skyrocket or crash overnight, understanding market cycles is key for any blockchain enthusiast. Recently, a clip shared by @Jack55750 on X caught our attention, featuring Jez (@izebel_eth) in an interview with @NotThreadGuy. Jez, a prominent voice in the crypto community with over 45,000 followers, shared his thoughts on why he believes the current cycle hasn't peaked yet. Let's break it down and see what it means for meme token traders and investors.

Jez's Shift in Bear Market Strategy

Jez starts by admitting he's changing his approach to the upcoming bear market—those periods when prices drop significantly across the board. In past cycles, he'd look for "froth" signals, like overhyped projects or silly trends, and sell off assets to buy back cheaper later. Think of things like the Trump Millennium NFT craze or absurd meme coins that screamed "bubble."

But this time, it's different. Jez points out that while there are plenty of frothy elements—like stock market speculators paying 200% premiums on short-term options—these aren't leading to immediate selling pressure. Unlike previous tops where forced sales tanked the market, many holders today aren't in a rush to dump their assets.

Understanding Froth and Forced Sellers

For those new to crypto lingo, "froth" refers to excessive speculation and hype that often signals a market top. Jez gives examples from history: ridiculous NFTs or meme trends like the "Pepsi wagmi friend" (a nod to "we're all gonna make it" culture in crypto). These made him embarrassed to be part of the scene and prompted him to cash out.

However, Jez argues that current froth doesn't equate to an imminent crash. He highlights that speculators aren't forced sellers—they can hold through dips. He compares it to GBTC (Grayscale Bitcoin Trust), a vehicle that traded at a discount during past turmoil but didn't cause massive sell-offs right away. Plus, with ongoing inflows from Bitcoin and Ethereum ETFs (exchange-traded funds that make crypto accessible to traditional investors), there's still strong buying pressure supporting the market.

This is particularly relevant for meme tokens, which thrive on hype but are ultra-sensitive to cycle shifts. If Jez is right, meme coins on platforms like Solana or Base could have more runway before the next big correction.

Why Jez Isn't Selling Risk Assets

The key takeaway? Jez hasn't been willing to sell his risk assets—those high-volatility holdings like altcoins and meme tokens. Despite the signs of excess, he sees the market structure as more resilient this cycle. No massive selling pressure means the bull run could extend, giving traders more time to position themselves.

Of course, this isn't financial advice, but it's a refreshing counterpoint to the doom-and-gloom narratives floating around. For meme token enthusiasts, it suggests keeping an eye on onboarding flows (new money entering crypto) and avoiding panic sells based on short-term hype.

Community Reactions and Broader Implications

The tweet sparked discussions in the replies, with users like @langeriuseth noting how delayed supply pressure from holdings could extend the cycle. Others echoed the sentiment of holding strong amid fundamentals. It's a reminder that in crypto, especially with meme tokens, community sentiment and macro factors like ETFs play huge roles.

If you're diving into meme tokens, tools like Pump.fun or Base ecosystems mentioned in Jez's orbit could be worth exploring. Check out the original tweet for the full clip and join the conversation.

At Meme Insider, we're all about helping you navigate these cycles with clear, actionable insights. Stay tuned for more breakdowns on the latest meme token trends and blockchain news. What do you think—has the cycle topped, or is there more upside? Drop your thoughts below!